Metatron (MNRJ) is a “Pure Play” App Company-one of the few now public.

“Pure play” companies are those whose main focus is building mobile apps, primarily iPhone/iPad, and most are private. Between 2008 and 2009, there were 11 investment rounds over 10 companies, with almost US$38 million raised.   Although Metatron has other divisions, I-mobilize is its main focus and revenue driver.

This year, over the same time period, there were 17 investment rounds distributed over 16 companies for a total investment of $120.6 million. The average deal was $7.5 million, up from an average of $3.4 million in the previous year.

The $102.49 million overall figure may be conservative since it leaves out a developers who create apps across smartphone platforms, like Metatron and I-mobilize.

According to Citibank, the App Store will continue to be a major money maker for Apple, and they’re estimating it will see $2 billion in sales in 2011. According to estimates by Gartner, the global app market brought in $4 billion last year, and will skyrocket to $27 billion in 2013 — that’s not chump change, which explains the investor interest in app companies.

Forward-Looking Statements: Any statements made in this blog/press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company’s operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s need for additional financing, which is not assured and which may result in dilution of shareholders, the company’s status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company.

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